Nestle S.A.
Long

Possible long-term bottom on Nestle - weekly chart analysis

136
Possible completion of an ABC corrective move on the weekly timeframe

RSI divergence can be observed

strong weekly candle close above previous weekly lows
Note
price has continued to drop. may be targeting the covid low around $88

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.